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Current Events 31 March 2017

 

  NEWS

31 March 2017 

Sr. No.

Topic

News

1.

GS II : POLITY BILL/ACT

LS rejects amendments, clears Finance Bill

2.

GS III : DISASTER MANANGEMENT

Hills sizzle at 8° above normal

3.

GS III: SECURITY

Maoists behind AP rail accident, says NIA

4.

GS III: SECURITY

Eight coaches of Mahakaushal Express derail in UP

5.

GS II: BILATERAL INDIA-AFRICA

Nigeria summons Indian envoy

6.

GS  II : POLITY  JUDICIARY

Judges choose work over vacation

7.

GS II : BILATERAL INDIA-MALAYSIA

Malaysian PM Najib to sign bilateral pacts

8.

GS II : BILATERAL INDIA-BANGLADESH

Delhi to extend $5 bn to Dhaka

9.

GS II : BILATERAL INDIA-USA

Nuclear bids on track, says Westinghouse

10.

GS III : INFRASTRUCTURE-AVIATION

Centre picks five airlines to connect 43 regional airports

11.

GS III : ECONOMY

Centre cancels approvals to 8 SEZs

12.

GS II : REGULATORY BODIES - TRAI

Consumer interest is prime: TRAI

13.

GS III : ECONOMY DIGITAL

Meal vouchers to go digital from 2018

14.

GS II : MULTILATERAL INDIA-BRICS

Govt., NDB ink $350mn. loan pact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GS II : POLITY BILL/ACT

LS rejects amendments, clears Finance Bill

  • Finance Minister Arun Jaitley invited suggestions from the Opposition for clean and transparent funding of political parties, as the Lok Sabha on 30 March 2017 cleared the Finance Bill after it rejected five amendments (including those pertaining to anonymity of donors to political parties) recommended by the Rajya Sabha.
  • The Rajya Sabha’s amendments pertained to deleting the provisions relating to powers given to taxmen to requisition books of account, power to survey and other such discretionary powers.
  • The Upper House had also approved that there should be a cap of 7.5% of net profit of the last three financial years for donation to political parties.
  • It had also approved an amendment asking for the disclosure of donor names to political parties.
  • These amendments were rejected in the Lok Sabha.
  • Mr. Jaitley, while responding to the debate in the Lok Sabha, said he had been “hearing only adjectives like it [political funding] must be clean, it must be transparent. Please give me ideal combination of the two. We are willing to consider it. I will wait for a specific suggestion.”
  • The response came after a spirited discussion in the Lok Sabha on all the amendments.

 

 

GS III : ENVIRONMENT   CLIMATE CHANGE

Hills sizzle at 8° above normal

  • Barmer in Rajasthan may have been the hottest place in India on 30 March 2017 at 43.4° Celsius, but the maximum temperature surges were recorded in hill-station favourites Kullu, in Himachal Pradesh, and Mukteshwar, in Uttarakhand.
  • According to figures on the India Meteorological Department (IMD) website, these towns recorded 32°C and 27.2° C — a searing eight degrees above normal for the last week of March.
  • Other summer getaways in north India, such as Shimla, also in Himachal Pradesh, Pahalgam in Jammu & Kashmir and Dehradun in Uttarakhand all registered temperatures seven degrees above their historical normals.
  • While there are caveats, the IMD’s dictionary says that if a locations’s long-term normal is less than or equal to 40°C, a five-degree rise in temperature counts as a heat wave and seven or more, as a severe heat wave.
  • 2016 was the warmest year in a century, according to the IMD, with the country 0.91°C warmer than the 1961-1990 average.
  • The summer months of March-May last year were 1.36°C higher than historical average, making it the second-warmest since 1901.
  • The high temperatures in the north, according to a senior IMD official, are due to a confluence of weather conditions such dry southwesterly winds from Gujarat blowing to the north and approaching Western Disturbances (a storm from the Mediterranean that brings rain to north and northwest India).
  • These are coupled with an anticyclone, a clockwise spiraling of air that pulls in more warm air flowing in from the south-west.
  • North India apart, several states — Madhya Pradesh, Maharashtra, Chattisgarh, Orissa, Jharkhand and Rajasthan — recorded severe-heat wave conditions because of the meteorological confluence.
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs

 

 

GS III: SECURITY

Maoists behind AP rail accident, says NIA

  • The National Investigation Agency (NIA) suspects that the Kuneru rail accident in Andhra Pradesh was the job of Maoists, a First Information Report (FIR) registered by the agency has said.
  • The Railway Ministry had earlier said that Pakistan’s Inter-Services Intelligence (ISI) was involved in a series of rail accidents in the past six months, which included the derailment of the Jagdalpur-Bhubaneshwar Express near Kuneru on January 22, where over 40 people were killed.
  • The last time Maoists targeted a rail track was in 2010, when a goods train rammed into the Gyaneshwari Express, in which over 100 people were killed.
  • Based on Railway Minister Suresh Prabhu’s letter to Home Minister Rajnath Singh, alleging sabotage in at least six train accidents, three cases were transferred to the NIA.
  • Besides the Kuneru accident, the other two cases being investigated for terror links are the Kanpur train accident when 14 coaches of the Indore-Patna Express derailed on November 20, 2016, killing more than 140 people and the recovery of a pressure cooker bomb near the rail track at Ghorasan in Bihar on October 1, 2016.
  • Mr. Prabhu’s letter suspecting foul play in the accidents was sent after the arrest of Moti Paswan, one of three persons arrested by the Bihar police in January for his alleged involvement in planting a pressure cooker bomb at Ghorasan, claimed that they had planted the bomb at Kanpur, leading to the train’s derailment, at the behest of Pakistan’s Inter-Services Intelligence (ISI).
  • Shamshul Hoda, a Nepalese businessman, who was questioned by the NIA in Nepal, while confirming that he had been asked by a Pakistani man, Shafi Sheikh, to plant explosives at Ghorasan in Motihari, Bihar, said he was unaware of any such plan for the Kanpur and Kuneru railway derailments.
  • A team of IIT professors are also assisting the NIA in the probe and have also visited the Kanpur and Kuneru rail accident sites.

 

 

GS III: SECURITY

Eight coaches of Mahakaushal Express derail in UP

  • Eight coaches of the Jabalpur-Nizamuddin Mahakaushal Express derailed on 30 March 2017 near Mahoba station in Uttar Pradesh.
  • According to initial reports, around nine passengers of the Delhi-bound train were injured in the incident.
  • The cause of derailment is yet to be ascertained.

 

 

GS II: BILATERAL INDIA-AFRICA

Nigeria summons Indian envoy

  • The attack on the African nationals in Greater Noida’s Ansal Plaza took a diplomatic turn after Nigeria summoned the Indian envoy demanding immediate action.
  • Four Nigerian nationals were beaten up here by a mob after a local boy was found dead because of alleged drug overdose.
  • The summoning of the envoy, a rare occurrence in India’s bilateral ties with any African nation, happened even as India assured that the perpetrators would be punished.
  • The March 27 attack drew condemnation from civil society and MPs. Amnesty International has blamed the police for being inactive during the attack. “Many of those injured were targeted merely because of the colour of their skin. These are hate crimes,” said the group in a statement.
  • This is the second time in less than a year that attacks on African nationals in India have become a diplomatic problem for New Delhi.
  • Last year African diplomats threatened a boycott of official celebrations of the Africa Day of May 25 after a Congolese national was killed in Delhi.
  • Rajya Sabha MP of Congress Anand Sharma said the latest attack would tarnish India’s image in Africa. “We brought students from Africa every year on scholarships. India’s name has now been sullied throughout the world,” he said, asking the government to set up a special cell to look after the welfare of African students.

 

 

GS  II : POLITY JUDICIARY

Judges choose work over vacation

  • For the first time in recent legal history, the Supreme Court, led by Chief Justice of India J.S. Khehar, will have three Constitution Benches functioning simultaneously, along with the usual vacation Bench, in a historic step away from its colonial tradition of a prolonged summer vacation spanning almost two months from May to July.
  • This year, more than half the number of the 28 Supreme Court judges will continue to work after the court closes for summer holidays on May 10.
  • The three Constitution Benches will have five judges each. The Vacation Bench comprising two judges will separately hear urgent cases.
  • The three cases which will come up for hearing before the Constitution Benches are the Muslim women’s plea for a judicial declaration that triple talaq practised in the Islamic law is a violation of their human rights and dignity; whether WhatsApp’s 2016 policy to share user information with Facebook is a violation of citizen privacy; and thirdly, whether the children of illegal Bangladeshi migrants born in India can avail themselves of the benefit of citizenship of this country.
  • This is not the first time Chief Justice Khehar has worked during the summer vacation. In 2015, a Constitution Bench led by Justice Khehar — he was not CJI then — heard the National Judicial Appointments Commission case throughout the summer vacation.
  • The reason given then was the pile-up in the number of vacancies in the High Courts.
  • However, this time, the importance of the three issues — triple talaq, privacy of millions of users on Whats- App and the plight of migrants’ children — have pulled the judges back from enjoying their holidays.
  • If Chief Justice Khehar heads one of the Constitution Bench, he will set another record for posterity for being one of the first Chief Justices of India to work during his summer holidays.

 

 

GS II : BILATERAL INDIA-MALAYSIA

Malaysian PM Najib to sign bilateral pacts

  • Malaysian Prime Minister Najib Razak, who arrived in Chennai on 30 March 2017, is expected to sign several agreements with India and hold a security-related dialogue, the External Affairs Ministry said.
  • He landed in Chennai as an acknowledgement of the contribution of the large Indian community in Malaysia.
  • The visit marks the 60th anniversary of bilateral diplomatic ties.
  • The official pointed out that Malaysian investment to India is around six billion dollars and India’s investment is 2.5 billion dollars.
  • The official said that security and defence will be another area of bilateral discussion.

 

 

GS II : BILATERAL INDIA-BANGLADESH

Delhi to extend $5 bn to Dhaka

  • India has offered a new line of credit for $5 billion, its biggest yet in the neighbourhood, to Bangladesh.
  • The announcement is expected during Prime Minister Sheikh Hasina’s visit to Delhi.
  • The credit would be open-ended and would follow the $1 billion offered in 2010, when Ms. Hasina previously visited Delhi, and the $2 billion in 2015 during Prime Minister Narendra Modi’s visit to Dhaka.
  • The two sides are expected to announce a slew of agreements including one for the reconstruction of a seventh India-Bangladesh railway line between Agartala and Akhaura, a Rs. 1,000-crore project.
  • The 15-km line from Bangladesh to Tripura is significant as it is part of India’s larger strategy of assisting Bangladesh’s infrastructure while using it to transit to the “north-eastern” States.
  • The line is expected to shorten rail routes by as much as 1,000 km once completed.
  • Ferry services connecting Assam, Bangladesh and West Bengal and permissions for running cruise liners between the two countries, along with several road projects, are expected to be among more than 40 agreements to be announced when Ms. Hasina meets Mr. Modi on April 8.
  • While the plan under the Bangladesh-Bhutan-India- Nepal (BBIN)  initiative has hit a roadblock over the Bhutanese Parliament’s refusal to ratify the network, officials are understood to be working around it, to link Bangladesh, India and Nepal.
  • Bangladesh officials rejected comparisons of the plan for India’s $5 billion LoC in infrastructure with the recent announcement by Chinese President Xi Jinping of $24 billion in development aid, with $13 billion more in the private sector for Bangladesh, which joined China’s “Belt and Road initiative” in October 2016.
  • “India is a friend and neighbour, while all other countries including China are development partners,” Information Minister Hassanul Haq Inu said.
  • “The main difference is, in the case of China, the project is identified first and then the money comes in. With India, you get the promise of money first, and then they identify the projects,” he said.
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs

 

 

GS II : BILATERAL INDIA -USA

Nuclear bids on track, says Westinghouse

  • Westinghouse’s operations in Asia will not be affected by its decision to file for bankruptcy in America, the nuclear power company that is in talks to set up six reactors in India, said.
  • The company has obtained $800 million in debtor-in-possession (DIP) financing from a third-party lender to help fund and protect its core businesses.
  • Asian operations will also benefit from this financing, the company said.
  • AP 1000 is the pressurised water reactor design developed and owned by the company.
  • Westinghouse has been in talks with the NPCIL to build six AP 1000 reactors in Andhra Pradesh.
  • This was the first commercial agreement to be concluded under the India-US civil nuclear deal signed in 2008.

 

 

GS III : ECONOMY-AVIATION

Centre picks five airlines to connect 43 regional airports

  • Beginning April, passengers may be able to fly on as many as 128 routes connecting 70 big and small airports across the country by paying Rs. 2,500 for an hour’s flight.
  • The Centre on 30 March 2017 announced a list of routes awarded to five airlines which will operate flights under its regional connectivity scheme, named UDAN (Ude Desh ka Aam Naagrik).
  • “We will be adding 43 new destinations with the launch of RCS,” Civil Aviation Minister Ashok Gajapathi Raju said.
  • Air India subsidiary Alliance Air along with regional airlines Turbo Megha Airways operating under the brand name TruJet, SpiceJet, Air Deccan and Air Odisha Aviation won the rights to operate flights under the regional connectivity scheme under which half of the seats on the plane will be capped at Rs. 2,500 per hour’s flight.
  • Some of the inactive airports that will soon witness regional flights include Shimla, Agra, Bikaner, Gwalior, Kadapa, Rourkela, Jharsuguda, Vidyanagar, Burnpur, Diu, Shillong, Kullu, Mysore, Jagdalpur, Salem, Utkela, and Hosur.
  • The regional airlines will connect these destinations with their nearest bigger airports such as Delhi, Bengaluru, Chennai, Bhubaneswar, Mumbai, Ahmedabad, and Jaipur, among others.
  • As per the scheme, the Centre will subsidise the losses incurred by airlines flying out of dormant airports to help airlines charge Rs. 2,500 for an hour’s flight to passengers.
  • 80% of the subsidy will be collected by charging a levy of up to Rs. 8,500 on each departing flight of domestic airlines and the rest 20% will come from the respective State governments.
  • The Centre had asked airlines to submit their proposed routes along with subsidy amount required to operate the regional flight.
  • This was followed by counter-bids from other airlines and the one asking for the least financial support won the bid.
  • Government will provide subsidy to airlines for first three years of operations when they will have exclusive flying rights on the selected routes.
  • Mr. Sinha said the airlines which had won the first round of bidding under the scheme would require a subsidy of Rs. 205 crore for running their operations. This would ultimately lead to the creation of 13 lakh seats in the regional aviation market.

Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs

 

 

GS III : ECONOMY

Centre cancels approvals to 8 SEZs

  • The government has cancelled approvals granted to eight SEZ projects, including those of Concord India and Bangalore International Airport, as no significant progress was made by developers to complete the projects.
  • The Board of Approval (BoA), headed by Commerce Secretary Rita Teaotia, in its meeting on March 8 cancelled the approvals.
  • The 19-member BoA deals with SEZ related matters.
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs
Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs

 

 

GS II : REGULATORY BODIES - TRAI

Consumer interest is prime: TRAI

  • Replying to Telecom Commission’s request to review the tariff regulations to arrest declining government revenues due to promotional offers by operators, sectoral regulator Telecom Regulatory Authority of India has said that consumer interest should be at the centre of public policy and not revenue maximization for the government.
  • The Telecom Commission, which is the highest decision making body in the Department of Telecommunications, had in February written to TRAI asking it to review existing tariff rules to ensure financial growth of the sector.
  • The commission had reasoned that promotional offers by a new player is leading into fall in revenues of other telcos, and hence resulting in fall in government’s earning.
  • The regulator, in the letter, argued that it is a well known fact that low tariff help in penetration of telecom services in the rural and remote areas of the country where the tele density still stands at 53.27% as compared to urban tele density of 170.15%.
  • It further stated that affordable telecom service and consumer interest are some of the key elements of National Telecom Policy, 2012, “which surprisingly appear to have been overlooked and the maximization of government revenue, which is not one of the objectives of the NTP, has been given the center- stage by the Telecom Commission.

Telecom Commission

  • The Telecom Commission was set up by the Government of India vide the Resolution dated 11th April, 1989 with administrative and financial powers of the Government of India to deal with various aspects of Telecommunications.
  • The Telecom Commission consists of a Chairman, four full time members, who are ex-officio Secretaries to the Government of India in the Department of Telecommunications and four part time members who are the Secretaries to the Government of India in the concerned Departments.
  • The Secretary to the Government of India in the Department of Telecommunications is the ex-officio Chairmen of the Telecom Commission.
  • The Chief Executive Officer, NITI (National Institution for Transforming India) Aayog has been nominated as a (part-time) Member of the Telecom Commission vide the Resolution of the Government of India dated 15th March, 2016 .
  • The Telecom Commission is responsible for:

1.      Formulating the policy of Department of Telecommunications for approval of the Government;

2.      Preparing the budget for the Department of Telecommunications for each financial year and getting it approved by the Government; &

3.      Implementation of Government's policy in all matters concerning telecommunication.

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Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs

 

 

GS III : ECONOMY DIGITAL

Meal vouchers to go digital from 2018

  • As part of Centre’s push towards digital payments and transactions, the paper meals coupon provided by employers as perquisites to their staff will become digital from January next year.
  • The Reserve Bank of India has issued Master Directions on the issuance and operation of prepaid payment instruments (PPI) in the country to provide a framework for regulation, authorisation and supervision of entities operating payment systems in the country.
  • Master Directions consolidate instructions on rules and regulations framed by the RBI under various Acts including banking issues and foreign exchange transactions.
  • According to the new Master Directions, all paper meal vouchers like the Sodexo and Ticket Restaurant will have to be issued in electronic form like cards which are reloadable.
  • The RBI also said the PPI issuers should obtain and maintain the details of employees from the employers and the minimum validity of the prepaid meal instruments shall be one year from loading.

 

 

GS II : MULTILATERAL - BRICS

Govt., NDB ink $350mn. loan pact

  • India signed its first loan agreement with the New Development Bank (NDB) for $350 million to be used in the development and upgradation of district roads in Madhya Pradesh.
  • “The project would include upgradation, rehabilitation or reconstruction of approximately 1,500 km of district roads to intermediate lane, all-weather standards, with road safety features and improved road maintenance and management.”

New Development Bank (NDB)

  • The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa).
  • The idea for setting up the bank was proposed by India at the 4th BRICS summit in 2012 held in Delhi.
  • On 15 July 2014, the first day of the 6th BRICS summit held in Fortaleza, Brazil, the BRICS states signed the Agreement on the New Development Bank, which makes provisions for the legal basis of the bank
  • On 11 May 2015, K. V. Kamath was appointed as the President of the bank.
  • The 7th BRICS summit in Ufa, Russia, in July 2015 marked the entry into force of the Agreement on the New Development Bank.
  • According to the Agreement on the NDB, "the Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments."
  • Moreover, the NDB "shall cooperate with international organizations and other financial entities, and provide technical assistance for projects to be supported by the Bank."
  • The initial authorized capital of the bank is $100 bln.
  • The initial subscribed capital of the NDB is $50 bln divided into paid-in shares ($10 bln) and callable shares ($40 bln).
  • The initial subscribed capital of the bank was equally distributed among the founding members.
  • The Agreement on the NDB specifies that the voting power of each member will be equal to the number of its subscribed shares in the capital stock of the bank.
  • NDB is currently headquartered in Oriental Financial Centre in Shanghai.
  • The first regional office of the NDB will be opened in Johannesburg, South Africa.
  • Bank's Articles of Agreement specify that all members of the United Nations could be members of the bank, however the share of the BRICS nations can never be less than 55% of voting power.

 

Latest Current Affairs March 31st 2017 for UPSC Exam Prep, IAS Current Affairs

 


 

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Current Affairs News Covered:

1. GS II : POLITY BILL/ACT - LS rejects amendments, clears Finance Bill
2. GS III : DISASTER MANANGEMENT - Hills sizzle at 8° above normal
3. GS III: SECURITY - Maoists behind AP rail accident, says NIA
4. GS III: SECURITY - Eight coaches of Mahakaushal Express derail in UP
5. GS II: BILATERAL INDIA-AFRICA - Nigeria summons Indian envoy
6. GS II : POLITY JUDICIARY - Judges choose work over vacation
7. GS II : BILATERAL INDIA-MALAYSIA - Malaysian PM Najib to sign bilateral pacts
8. GS II : BILATERAL INDIA-BANGLADESH - Delhi to extend $5 bn to Dhaka
9. GS II : BILATERAL INDIA-USA - Nuclear bids on track, says Westinghouse
10. GS III : INFRASTRUCTURE-AVIATION - Centre picks five airlines to connect 43 regional airports
11. GS III : ECONOMY - Centre cancels approvals to 8 SEZs
12. GS II : REGULATORY BODIES - TRAI Consumer interest is prime: TRAI
13. GS III : ECONOMY DIGITAL - Meal vouchers to go digital from 2018
14. GS II : MULTILATERAL INDIA-BRICS - Govt., NDB ink $350mn. loan pact
15. GS II : POLITY BILL/ACT - LS rejects amendments, clears Finance Bill

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